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Banyan Gold Intersects 5.58g/t Au Over 21.7 m in New High-grade Gold Zone at the Powerline Deposit, AurMac Project, Yukon, Canada
VANCOUVER, BC / ACCESS Newswire / June 17, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN) (OTCQB:BYAGF) is pleased to announce it has
About this update from Banyan Gold Corp.
VANCOUVER, BC / ACCESS Newswire / June 17, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN) (OTCQB:BYAGF) is pleased to announce it has intersected high-grade gold ("Au") mineralization in the Powerline Deposit ("Powerline") southwest of the main high-grade core. These diamond drill intersections highlight a new potential high-grade zone at the AurMac Project ("AurMac"), Yukon, Canada. Highlights from New Powerline Southwest Zone: AX-26-853 - 13.00 g/t Au over 9.2m within 5.58 g/t Au over 21.7m, including high-grade interval of 62.66 g/t Au over 1.8m and;1.64 g/t Au over 11.5m within 0.70 g/t Au over 32.2m AX-26-826 - 0.99 g/t Au over 9.4m within 0.65 g/t Au over 20.0m; including very high-grade interval of 17.30 g/t Au over 0.4m AX-26-829 - 2.51 g/t Au over 11.7m and 2.75 g/t Au over 9.3m within 0.90 g/t Au over 38.7m; including very high-grade interval of 39.80 g/t Au over 0.5m AX-26-830 - 0.70 g/t Au over 28.5m within 0.67 g/t Au over 56.8mm AX-26-835 - 1.29 g/t Au over 8.0m AX-26-842 - 0.96 g/t Au over 7.6m within 0.37 g/t Au over 33.9m "The successful step-outs from 2025 in the southwest portion of Powerline, have defined a new potential high-grade zone (Figures 1 and 2), highlighted with drill results of 13.00 g/t Au over 9.2m, within 5.58 g/t Au over 21.7m in hole AX-26-853, including 62.66 g/t over 1.8m (see Figure 3, Table 1)," stated Tara Christie, President and CEO. "This very high-grade skarn-hosted mineralization (Figure 7) demonstrates the potential to discover and develop new mineralized zones at Powerline and AurMac in addition to high-grade domains associated with sheeted quartz veins (Figures 8 and 9). We are consistently intersecting visible gold as we are targeting high grade mineralized domains." Figure 1: Plan Map of AurMac show distribution of diamond drillholes. Magenta holes denote this release. Figure 2: Plan map of Powerline Southwest with drill intersection highlights from this release. MRE blocks shown are all contained in the US$3,500/oz Au conceptual pit and at a cutoff of >0.3 g/t Au. Drillholes in this release highlight potential to extend and delineate new high-grade zones in the core of Powerline Southwest (Figures 3-6). Figure 3: Cross-section 466150mE from Powerline Southwest at AurMac. Mineralized domains are overlaid on the lithologic model. The MRE block model is constrained by mineralized domains ...